These young Americans are fully aware of the fact that they are throwing their money away in the form of rent and aren’t able to receive any tax write offs. It seems more young adults then ever are more informed about mortgages and the major benefits of owning your own home.
If you are a first time home buyer the first step you should take is getting a prequalification letter. When you have a prequalification letter it shows a seller that you are serious about purchasing a home right now. A prequalification letter will also determine the maximum amount of money you can qualify for before you begin your search for the perfect home.
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